Bitcoin $104,976.58Tuesday, 106,830 dollars by closing the highest daily closing in history. This strong performance is evaluated with the increase in the interest of corporate investors’ interest in Spot ETFs and uncertainties in global bond markets. In particular, concerns about the economic trend in the United States direct investors to safe ports. The $ 110,000 level is already seen as a new resistance point.
Corporate demand for Bitcoin peaked
Bitcoin’s record closing has recently been supported by intensive background entrances to Spot ETFs. As US -based investors prefer traditional ways in accessing digital currencies, price differences began to occur, especially in stock exchanges such as Coinbase. According to the Coinbase Bitcoin Premium Index, the price difference between Coinbase Pro and Binance USDT is positive. This points to the strong purchase demand from the United States.
The weakening of economic indicators and the US’s increasingly growing public debt lead investors to assets with limited supply such as Bitcoin and Gold. Analysts emphasize that the orientation of digital currencies accelerated, especially during the uncertainty increases. The accessibility and reliability of crypto currency ETFs facilitates the flow of large capital into this area.
Option market mobility can trigger volatility
The mobility in the option markets has serious effects on Bitcoin’s price direction. According to Deribit data, many market makers have negative Gamma positions at $ 110,000. Such positions require further purchase as the price moves upward, which can accelerate price movements.
Marketmakers perform continuous purchase-sale transactions to keep their positions neutral. This increases volatility, especially at certain levels. Bitcoin’s exceeding the $ 110,000 limit may cause the price to climb up with sudden jumps.
In the last five years, the growth of option markets has increased the impact of such dynamics. This interaction shows that Bitcoin has gained a price structure that is fed not only in spot demand, but also from derivative transactions. Increased corporate participation and hedge positions can open the door of unexpected movements in the market.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
